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$1,665,000
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Property Description
PRICE REDUCTION. 330 5th Street SE consists of approximately 4,150 gross square feet within a four-story (no basement) brick building with six (6) units consisting of one (1) studio, three (3) one bedroom units, and two (2) two bedroom units, five of which feature outdoor space or a balcony. The property's existing high level of physical vacancy (4 of 6 units or 66.6%) presents investors with the opportunity to add value immediately and capitalize on the broad range of renters that seek out Capitol Hill for housing including Capitol Hill staffers, lobbyists, trade associations, universities, student/interns, just to name a few. 330 5th Street SE can achieve over $13,000 in monthly rental revenue in Year One. Also, the building's units are separately metered for electric (100-amp service per unit) and gas, with each of these respective expenses being paid by the tenants. The building is located less than a half-mile from two Metro Stations, Eastern Market Station (2 blocks away) and Capitol South (5 blocks away) The TOPA process has already been completed.
Full Property Details
Full Property Details for 330 5th St SE
General
- Sold For: $1,665,000
- Taxes: $14,847 (2023)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2154718
- Added to Site: 555 day(s) ago
Rental Information
- Rent Control: Yes
Parking
- Parking Type: On Street
Location
- County: Washington
- Driving Directions: Located on the Northwest corner of 5th Street and D Street SE
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Central
- Heating Fuel: Electric, Natural Gas
- Water Heater: Multi-tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Stories/Levels: 0
- Square Feet: 4,150
- Sq. Ft. Source: Estimated
- Living Area: 4,150 Sq. Ft.
- Year Built: 1890
- Year Built Source: Estimated
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,147
- Lot Size Source: Estimated
- Zoning: RF-1
Financial Considerations
- Price Per Sq. Ft.: $421.69
- Assessment Year: 2023
- City/TownTax: $14,847
- City/TownTax Freq: Annually
- Tax w/Assessment: $1,746,680
- Tax Amount: $14,847
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 39
Listed by Horvath & Tremblay MD, LLC, Christian Barreiro
Sold by Unrepresented Buyer Office, Unrepresented Buyer
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Schools
Schools serving 330 5th St SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Brent Elementary School 301 North Carolina Avenue Southeast, Washington, DC 20003 | K-5 | 0.1 mi |
Jefferson Middle School Academy 801 7th Street Southwest, Washington, DC 20024 | 6-8 | 1.3 mi |
Eastern High School 1700 East Capitol Street Southeast, Washington, DC 20003 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 330 5th St SE
Date
Details
Price
Change
Source
12/30/2024
Sold
$1,665,000
-4.86%
MLS
9/18/2024
Price Reduced
$1,750,000
-5.41%
MLS
8/14/2024
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
330 5th Street SE, Washington, DC 20003 (MLS# DCDC2154718) is a Multi-Family property that was sold at $1,665,000 on December 30, 2024. Want to learn more about 330 5th Street SE? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

